U.S. semiconductor stocks are in a bloodbath: the Philadelphia Semiconductor Index plunged over 10%, and memory chip stocks were absolutely crushed!
At a time like this, big short Michael Burry’s move was practically a textbook example: he simply took profits by closing 25% of his put options, while the remaining short position is still “very large”—he hasn’t taken his sights off the target! In other words, the selloff was so fierce that he took some money off the table, but he’s definitely not out; he actually thinks there’s more downside ahead!
Technically, things have broken down completely—even the bull-bear dividing line (the 200-day moving average) has been breached!
What now? Remember these three things:
Don’t get itchy fingers and try to catch the bottom! The big short hasn’t put his guns away, so don’t try to catch a falling knife.
Wait for a rebound to short! If an oversold bounce reaches around 500 points but can’t hold, that’s a good opportunity for bears to jump in.
Don’t fight the trend! Are you still holding semiconductor or memory stocks? Come chat with “Zhuque Bao.” We’ll help you see through the big players’ strategies!#美国拟收紧数据中心监管，AI扩张或面临新约束
At a time like this, big short Michael Burry’s move was practically a textbook example: he simply took profits by closing 25% of his put options, while the remaining short position is still “very large”—he hasn’t taken his sights off the target! In other words, the selloff was so fierce that he took some money off the table, but he’s definitely not out; he actually thinks there’s more downside ahead!
Technically, things have broken down completely—even the bull-bear dividing line (the 200-day moving average) has been breached!
What now? Remember these three things:
Don’t get itchy fingers and try to catch the bottom! The big short hasn’t put his guns away, so don’t try to catch a falling knife.
Wait for a rebound to short! If an oversold bounce reaches around 500 points but can’t hold, that’s a good opportunity for bears to jump in.
Don’t fight the trend! Are you still holding semiconductor or memory stocks? Come chat with “Zhuque Bao.” We’ll help you see through the big players’ strategies!#美国拟收紧数据中心监管，AI扩张或面临新约束
